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Cryptolab Inc.
Innovative Cryptographic Solutions that provide both high performance and high level of security
About Cryptolab Inc.
Based in Santa Clara, California, Cryptolab Inc. operates as a data security firm focused on developing solutions for secure data transactions for both corporate and SME clients. The company was established in 2012 by Massimo Bertaccini, Alessandro Passerini, and Tiziana Landi. Bertaccini, who serves as CEO, holds a Ph.D. in Financial Computation and is credited as an author on numerous patents in cryptography and related fields. Passerini and Landi both have backgrounds as software engineers.
Cryptolab's core business revolves around providing cryptographic solutions that allow for high performance and security without requiring significant additional IT investments from clients. The firm's technological approach is centered on homomorphic encryption, which allows for computation and searching of data while it remains in an encrypted state. This method, utilizing AES-256bit military-grade encryption standards, is designed to prevent unauthorized access and data breaches by removing the need to decrypt files for management or cloud-based searches. The company's business model targets sectors where data sensitivity is paramount, such as healthcare and finance.
The product suite includes the Crypto Searching Engine (CSE), a platform for browsing and searching encrypted data, and HealthCryptoon, which facilitates the secure transfer and storage of patient medical records in the cloud. Another product, Bio-Cryptoon, focuses on encrypting biometric data to prevent theft. By October 2017, the company claimed to hold 12 relevant patents for its technologies. Cryptolab has received funding from institutional investors, including Indaco and Unbank.Ventures.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Aug 2017 | $300K | $1.2M | Undisclosed | — |
| SEED✓Equity / VC | May 2013 | $500K | $2M | Undisclosed | — |
Financials
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Growth signals
Latest recorded traffic for Cryptolab Inc. is 810 monthly website visits, up 350% over the last three months. Cryptolab Inc.'s team grew 80% over the past year.
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Investors
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Other known investors1 additional known investor
Indaco Venture Partners
Source: Dealroom Talent Intelligence.
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